Portfolio Manager, Corporate Banking

Company: US Bancorp
Location: Minneapolis
Posted on: August 7, 2022

Job Description:

At U.S. Bank, were passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we're one of the countrys most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.Job DescriptionU.S. Bank is currently searching for a Portfolio Manager to join the Insurance Division.In this role, you will partner with Relationship Manager(s) to successfully manage a portfolio of Corporate Banking credit relationships. You will have a direct impact on revenue goals and business objectives by successfully acquiring and closing new business deals (relationships), as well as the retention and expansion of relationships with existing customers, in alignment with the overall business strategy and risk appetite.Key accountabilities will include:

• Manage assigned client portfolio via quarterly portfolio monitoring and reporting; assign and maintain borrower risk ratings; prepare and present credit requests for Credit Approval
• Primary underwriting responsibility for new and existing client credit requests; analyze borrower and transaction data and prepare comprehensive written analysis; track credit agreement requirements, receipt of customers reporting requirements, and credit/borrower metric trends
• Screen new deals and assist with client term sheets; coordinate with legal counsel on deal document review; and liaise with operations on deal closings.
• As a subject matter expert, you will leverage your industry experience to effectively collaborate with Division Relationship Managers, participate in client meetings and presentations, identify needs and business opportunities, and recommend appropriate solutions for U.S. Bank customers.This individual can be located in New York City, Charlotte, Chicago, Minneapolis, St. Louis or Cincinnati.Basic Qualifications
  • Bachelors degree, or equivalent work experience
  • Eight or more years of relevant experiencePreferred Skills/Experience
    • Masters degree/M.B.A.
    • Professional certifications such as CFA and/or FRM
    • Extensive knowledge of commercial/corporate lending and credit standards, loan/credit agreements and other legal documentation, policies, procedures and products
    • Knowledge of credit underwriting and coverage needs of the insurance industry
    • Knowledge of SNL Financial/Capital IQ
    • Strong relationship management and business development skills
    • Strong analytical and problem-solving skills
    • Excellent presentation skills as well as verbal and written communication skillsCovid-19 Vaccine Mandate Requirement: U.S. Bank requires that the successful candidate hired for this position be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption.If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.Benefits:Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. Thats why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting careers.usbank.com.EEO is the LawApplicants can learn more about the company's status as an equal opportunity employer by viewing the federal EEO is the Law poster.E-VerifyU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.

Keywords: US Bancorp, Minneapolis , Portfolio Manager, Corporate Banking, Executive , Minneapolis, Minnesota